School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

Please note that given the circumstances of COVID-19, there may be some modifications to the assessment schedule promoted in Handbook for Semester 1 2020 Units. Students will be notified of all approved modifications by Unit Coordinators via email and Unit Blackboard sites. Where changes have been made, these are designed to ensure that you still meet the unit learning outcomes in the context of our adjusted teaching and learning arrangements.

  • Unit Title

    Income Tax Framework II
  • Unit Code

    LAW2410
  • Year

    2020
  • Enrolment Period

    1
  • Version

    1
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Ms Christina ALLEN

Description

Income Tax Framework provides an introduction to the major legal principles by which income tax is levied on individuals, partnerships, companies and trusts.

Prerequisite Rule

Students must have passed LAW1100.

Learning Outcomes

On completion of this unit students should be able to:

  1. Demonstrate the ability to develop analytic and problem solving skills.
  2. Demonstrate an understanding of the fundamental legal principles relating to Income Tax, Goods and Services Tax and Fringe Benefits Tax.
  3. Demonstrate an ability to apply the fundamental legal principles relating to Income Tax, Goods and Services Tax and Fringe Benefits Tax to practical situations including the ability to ascertain the taxable income of and tax payable by taxpayers.
  4. Discuss the main features of the Income Tax Assessment Acts.

Unit Content

  1. Introduction - Constitutional basis and administration of the Income Tax Assessment Act.
  2. Concepts of income: (a) ordinary income; (b) exempt income.
  3. Capital Gains.
  4. Deductions: (a) General Deductions; (b) Specific Deductions; (c) Capital Allowances.
  5. Offsets.
  6. Taxation of Companies - imputation system.
  7. Taxation of Partners/Partnership.
  8. Taxation of minors.
  9. Taxation of trust income - trustees/beneficiaries.
  10. Fringe Benefits Tax.
  11. Goods and Services Tax.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour lectureNot OfferedNot Offered
Semester 113 x 1 hour tutorialNot OfferedNot Offered
Semester 213 x 2 hour lectureNot OfferedNot Offered
Semester 213 x 1 hour tutorialNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECU Blackboard as well as additional ECU learning technologies.

Additional Learning Experience Information

On-campus students attend a lecture and tutorial each week. Off-campus students access lecture notes and tutorial material via Blackboard. Regular online access is required.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
Tutorial PresentationTutorial Participation10%
TestMid Term Test30%
ExaminationFinal Examination60%
ONLINE
TypeDescriptionValue
Tutorial PresentationTutorial Participation10%
TestMid Term Test30%
ExaminationFinal examination60%

Core Reading(s)

  • Kerrie Sadiq, D. P., & Kendall, K. (2020). Fundamental Tax Legislation 2020 (28th ed.).     Pyrmont, NSW: Thomson Reuters. Retrieved from https://ecu.on.worldcat.org/oclc/1127662600
  • Kerrie Sadiq, C. B., Rami Hanegbi, S. J., Richard Krever, W. O., & Ting, A. (2020). Principles of Taxation Law 2020. Thomson Reuters. Retrieved from https://ecu.on.worldcat.org/oclc/1140788842

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

LAW2410|1|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

Please note that given the circumstances of COVID-19, there may be some modifications to the assessment schedule promoted in Handbook for this unit. All assessment changes will be published by 27 July 2020. All students are reminded to check handbook at the beginning of semester to ensure they have the correct outline.

  • Unit Title

    Income Tax Framework II
  • Unit Code

    LAW2410
  • Year

    2020
  • Enrolment Period

    2
  • Version

    1
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Ms Christina ALLEN

Description

Income Tax Framework provides an introduction to the major legal principles by which income tax is levied on individuals, partnerships, companies and trusts.

Prerequisite Rule

Students must have passed LAW1100.

Learning Outcomes

On completion of this unit students should be able to:

  1. Demonstrate the ability to develop analytic and problem solving skills.
  2. Demonstrate an understanding of the fundamental legal principles relating to Income Tax, Goods and Services Tax and Fringe Benefits Tax.
  3. Demonstrate an ability to apply the fundamental legal principles relating to Income Tax, Goods and Services Tax and Fringe Benefits Tax to practical situations including the ability to ascertain the taxable income of and tax payable by taxpayers.
  4. Discuss the main features of the Income Tax Assessment Acts.

Unit Content

  1. Introduction - Constitutional basis and administration of the Income Tax Assessment Act.
  2. Concepts of income: (a) ordinary income; (b) exempt income.
  3. Capital Gains.
  4. Deductions: (a) General Deductions; (b) Specific Deductions; (c) Capital Allowances.
  5. Offsets.
  6. Taxation of Companies - imputation system.
  7. Taxation of Partners/Partnership.
  8. Taxation of minors.
  9. Taxation of trust income - trustees/beneficiaries.
  10. Fringe Benefits Tax.
  11. Goods and Services Tax.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour lectureNot OfferedNot Offered
Semester 113 x 1 hour tutorialNot OfferedNot Offered
Semester 213 x 2 hour lectureNot OfferedNot Offered
Semester 213 x 1 hour tutorialNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECU Blackboard as well as additional ECU learning technologies.

Additional Learning Experience Information

On-campus students attend a lecture and tutorial each week. Off-campus students access lecture notes and tutorial material via Blackboard. Regular online access is required.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
Tutorial PresentationTutorial Participation10%
TestMid Term Test30%
ExerciseFinal Assessment60%
ONLINE
TypeDescriptionValue
ExerciseFinal Assessment60%
Tutorial PresentationTutorial Participation10%
TestMid Term Test30%

Core Reading(s)

  • Kerrie Sadiq, D. P., & Kendall, K. (2020). Fundamental Tax Legislation 2020 (28th ed.).     Pyrmont, NSW: Thomson Reuters. Retrieved from https://ecu.on.worldcat.org/oclc/1127662600
  • Kerrie Sadiq, D. P., & Kendall, K. (2020). Fundamental Tax Legislation 2020 (28th ed.).     Pyrmont, NSW: Thomson Reuters. Retrieved from https://ecu.on.worldcat.org/oclc/1127662600
  • Kerrie Sadiq, C. B., Rami Hanegbi, S. J., Richard Krever, W. O., & Ting, A. (2020). Principles of Taxation Law 2020. Thomson Reuters. Retrieved from https://ecu.on.worldcat.org/oclc/1140788842
  • Kerrie Sadiq, C. B., Rami Hanegbi, S. J., Richard Krever, W. O., & Ting, A. (2020). Principles of Taxation Law 2020. Thomson Reuters. Retrieved from https://ecu.on.worldcat.org/oclc/1140788842

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

LAW2410|1|2